Winnebago Industries (WGO)

• Market cap: $883M
• 1 day: -4.28%
• 5 days: -5.83%
• 1 month: -15.43%
• 3 months: -8.77%
• 6 months: -43.11%
• Year to date: -34.54%
• 1 year: -44.68%
• 5 years: -53.86%
• 10 years: 56.43%
• Sector: Consumer Discretionary
• Industry: Recreational Vehicles

About: Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was nearly $3 billion in fiscal 2024. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 83% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 38,796 in fiscal 2024. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.

Employees: 5,700

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 79

0.57% less ownership

Funds ownership: 108.92% [Q4 2024] → 108.35% (-0.57%) [Q1 2025]

4% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 49

1% less funds holding

Funds holding: 258 [Q4 2024] → 255 (-3) [Q1 2025]

28% less capital invested

Capital invested by funds: $1.48B [Q4 2024] → $1.06B (-$417M) [Q1 2025]

32% less call options, than puts

Call options by funds: $23.6M | Put options by funds: $34.5M

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $37 17% upside
• Avg. target: $45 42% upside
• High target: $60 90% upside

8 analyst ratings

• positive: 7 88%
• neutral: 1 13%
• negative: 0 0%

Citigroup James Hardiman	17% upside $37	Buy Maintained	6 Jun 2025
Keybanc Noah Zatzkin	17% upside $37	Overweight Maintained	6 Jun 2025
Truist Securities Michael Swartz	27% upside $40	Buy Maintained	3 Jun 2025
Keybanc Eric Heath	27% upside $40	Overweight Maintained	17 Apr 2025
Baird Craig Kennison	21% upside $38	Neutral Downgraded	4 Apr 2025